WebProNews, May 25, 2021, D.C. AG Launches Antitrust Suit Against Amazon
Washington, D.C. Attorney General Karl A. Racine has filed an antitrust lawsuit against Amazon for anticompetitive practices and price-fixing.
Amazon has increasingly been under fire on all fronts. The company has repeatedly been criticized for how it treats employees, as well as its attempts to combat unionization efforts.
Now the company is under fire for alleged anticompetitive behavior, including wide-scale price-fixing. At the heart of the case is the company’s “most favored nation” (MFN) agreements, which prohibit retailers from offering their products elsewhere at cheaper prices, or with better terms, than they do on Amazon. The MFN agreements even prohibit retailers from offering their products cheaper on their own websites.
